Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

VDI

Add VDI to the flaming dumpster fire that is WFC. End goal is to have employees use their own device when not in the office. Should you need help you are are SOL; very little tech can do to assist you. Sr. Leaders are Very Damn Ignorant if they... — read more 

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| 2800 views | | 27 replies (last September 30, 2022)
Post ID: @OP+1iYFMqSA

My guess is the 11th through the 14th

As September ends, and judging from what has been done in the past, these dates are in mind. So any major layoffs would be done during these days. The recession affects things as further contractionary announcements can affect employment at Wells... — read more 

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| 1550 views | | 7 replies (last September 30, 2022)
Post ID: @OP+1iX3nAMa

Too late in the year to bail ?

The writing is on the wall for me; time to go external. Some people have suggested waiting to leave until after 401k match and bonus. I have no idea how long it will take to find something, but February seems like a long time to wait. Any advice... — read more 

This is frustrating

I've been looking for six months. I finally found something that worked perfectly for me and after a nearly month-long process that involved four separate interviews - all of which I thought went well - I finally got an offer. It's $25k under what we... — read more 

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| 3190 views | | 26 replies (last September 30, 2022)
Post ID: @OP+1iXFVo2Y

Allspring Global Investment the worst

Behind the curtain layoffs all over the firm. More outflow than inflow in business. Recession talks looming as there will be more layoffs in the coming months since business is unprofitable. Stay away.

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| 3260 views | | 5 replies (last November 18, 2023)
Post ID: @OP+1iX582ra

New Potential Layoffs

There has been some talk about more layoffs in the Salt Lake area. These layoffs may include our technical teams on site west of the airport. It seems to be credible because of job postings for the same line of business appearing in Texas.

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| 2020 views | | 11 replies (last September 30, 2022)
Post ID: @OP+1iWjHMq9

Moved to a New Role and Nothing to Do

Moved to a new role less than 6 months ago. Not being given enough work to keep me busy. I have looked through all the training materials and other relevant sites. Asked for more work repeatedly and told there is nothing to give other than a few... — read more 

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| 1620 views | | 9 replies (last September 30, 2022)
Post ID: @OP+1iWQeXpJ

Love

Guys, I love my office! We all work well together, never interrupt one another, enjoy catching each other stare at one another throughout the day with our low cubicles, and particularly enjoy collaborating with one another although none of us... — read more 

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| 2150 views | | 10 replies (last September 29, 2022)
Post ID: @OP+1iWcerYh

Non-hub location employees

There has been talk about employees 40+ miles from RTO locations or non-hub locations not being able to be promoted and/or post out. Of course nothing is in writing on this and while some people in this situation have been told, others I have asked... — read more 

When the recession comes...

No. 1 most safe: Profit-making employees No. 2 most safe: HR or finance employees No. 3 most at risk: Event planning or benefits employees No. 2 most at risk: New initiative employees No. 1 most at risk: Contract workers

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| 1810 views | | 12 replies (last September 28, 2022)
Post ID: @OP+1iVj6olZ

Promotion limitation

Is there any limitation for manager how many people you are allowed to promote annually ?

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| 1440 views | | 6 replies (last September 29, 2022)
Post ID: @OP+1iVIPpH4

Is Wells Fargo Becoming the Game of Survivor?

I'm a fan of the reality game where there is lying, cheating, backstabbing, blindsiding and other fun things. Sometimes I feel like I'm in the game here at the bank, but without the benefit of Tribal Council to plead my case.

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| 1200 views | | 7 replies (last September 29, 2022)
Post ID: @OP+1iVfI6Oo

Wells Fargo or Chase (Financial Analyst, Risk)

Let's say you are a recent college graduate with a Finanance degree from a solid regional college - you've been offered jobs from Wells Fargo and Chase. The position is a Financial Analyst in the Risk group. Let's say Wells Fargo Pays about 5%... — read more 

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| 1360 views | | 10 replies (last September 28, 2022)
Post ID: @OP+1iVfb6TT

Year-end performance due in October

There was a topic about this more or less recently. Now it is in the open on teamworks: ratings should be done by 10/28 and $$$ will be in discussions starting 11/16 and I guess, up until beginning of 2023.

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| 800 views | | 2 replies (last September 28, 2022)
Post ID: @OP+1iVECDvp

strange 8 question form during monthly review today.

Supervisor started the conversation by letting me know that these questions were not anonymous, during my monthly review. Questions about what I was doing to prepare for RTO, though she's fully aware I have a medical exemption. Questions moved on to... — read more 

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| 2650 views | | 15 replies (last September 28, 2022)
Post ID: @OP+1iVQI4YS

Too exhausted to be overwhelmed or frustrated

I’m a branch based team member. Premier Banker. My branch consists of myself, a business banker, service manager, and teller. We are short staffed 3 bankers, 2 tellers, and a branch manager. I feel that over the last 9 months, I have not done what I... — read more 

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| 1670 views | | 9 replies (last September 27, 2022)
Post ID: @OP+1iVz6Jo2

Hiring Freeze?

My area of Commercial Banking has been told that we can’t backfill positions for those that have left. Has anyone else heard similar and what part of the bank do you work in?

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| 2190 views | | 13 replies (last September 28, 2022)
Post ID: @OP+1iUPiPLf

Laid off from Wells Fargo 9/22/2022

I was a technology worker at Wells Fargo and was laid off last week. Supposedly, because I worked 100% remotely-- that's what I was hired to do-- and that's no longer good enough. I suspect, though cannot prove, that ageism is definitely in play as I... — read more 

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| 3230 views | | 8 replies (last September 27, 2022)
Post ID: @OP+1iUrirxA

WTH

is going on wit this slave-driving company?!

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| 1330 views | | 3 replies (last September 27, 2022)
Post ID: @OP+1iUVhxD5

Wells Fargo is filled with toxic people

From the highest to the lowest levels, Wells Fargo is a magnet for as-----s who do their best every single day to justify the bank's shady reputation. Do you want to know why things are going south? For the majority, all you have to do is look in the... — read more 

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| 1900 views | | 12 replies (last September 28, 2022)
Post ID: @OP+1iUq50XS

36 cut in Des Moines’s last Thursday.

https://www.desmoinesregister.com/story/money/business/2022/09/24/wells-fargo-layoffs-more-des-moines-jobs-10th-round-cuts-iowa/8091631001/

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| 2470 views | | 8 replies (last September 30, 2022)
Post ID: @OP+1iSLMl6x

Four-day work week

It seems to be a success among companies in the U.K. that started a pilot program earlier this year. Instead of five 8-hour days, people are working four 10-hour days. So far, none of the companies have recorded a drop in productivity and some have... — read more 

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| 1780 views | | 12 replies (last September 27, 2022)
Post ID: @OP+1iSAnzi6

401k

Currently my annualized rate of return less than 1%, and cumulative is just over 1%, which is less than I would be earning even if I just had the money in a savings account. It seems like the stock market fluctuates wildly, and I have been wondering... — read more 

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| 2400 views | | 22 replies (last September 29, 2022)
Post ID: @OP+1iStNIyl

Workday - Managers

Can managers see if their employee posts for another role? In the past, managers were usually unaware of their employees seeking other opportunities until final interview stages. I’m curious if Managers can actually see when an employee simply... — read more 

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| 2000 views | | 8 replies (last September 28, 2022)
Post ID: @OP+1iS6MzXo

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